Australia's Number One Job Site Deploys FAST ESP to Expand Search Capabilities

Oslo, Norway and Sydney, Australia , 2006-11-14

Fast Search & Transfer(TM) (OSEAX: FAST.OL) (FAST(TM)), the leading developer of search technologies, announced that SEEK, the leader in online employment and training in Australia and New Zealand, has deployed the FAST Enterprise Search Platform(TM) (FAST ESP(TM)) to power the mission-critical resume search for Australia's number one career site. FAST ESP provides SEEK with the industry's most advanced search capabilities to solidify SEEK's position as Australia's most popular choice for online recruitment.

FAST ESP powers the online search for SEEK (www.seek.com.au) that quickly and accurately connects job seekers with the right employers. With FAST ESP, SEEK's new and improved search platform offers enhanced reporting and statistics, yielding better knowledge of site users and their habits, and also enhances flexibility, enabling SEEK to bring new products to market faster. Together, FAST and SEEK are working to develop differentiated online recruitment experiences through best-in-class search technologies, placing SEEK at the forefront of innovation and customer satisfaction.

With an average of 25 percent jobseeker growth per annum, SEEK chose FAST ESP as a strategic search technology platform that can scale to support and enable growth. To extend its competitive advantage, SEEK selected FAST ESP to provide job seekers with enhanced job search and navigation, as well as personalized content so that users get the most relevant search results quickly and easily. In addition, FAST ESP dramatically improves the speed and efficiency of the online job posting process, ensuring that SEEK users are the first to view any new openings.

"Our business is literally built on search - we need to connect our advertisers with the right candidates quickly - and we are number one and growing because we provide outstanding functionality to both audiences," said Tam Vu, CIO and director of business transformation at SEEK. "In terms of search volume and the critical importance of finding relevant results, FAST was the only platform that could scale with our business and ensure that we are making the right connections between job advertisers and candidates. We chose FAST as our strategic search partner because the company has a proven track record for delivering extreme search solutions like SEEK's."

"FAST enables market leadership for companies competing in a wide range of sectors, including employment Web sites worldwide. As a result, we are well-aware that scalable, relevant search is the key to growing and extending these businesses," said John M. Lervik, CEO of FAST. "FAST is committed to being a strategic partner to SEEK as they continue to leverage search as a competitive advantage, extending and customizing the platform to address the critical success factors that will position the company for long-term growth."

About SEEK

SEEK Limited (ASX code: SEK) is the leader in the online employment and training market in Australia and New Zealand. www.seek.com.au is Australia's leading employment website, with a formidable lead over its competitors in terms of both job ad and job seeker numbers. SEEK attracts approximately 2 million individual Australian visitors to the site each month and is one of Australia's best known internet brands.

About FAST

FAST is the leading developer of search technologies that are behind the scenes at the world's best known companies with the most demanding search problems. FAST's flexible and scalable enterprise search platform (FAST ESP) elevates the search capabilities of enterprise customers and connects people to the relevant information they seek regardless of medium. This drives revenues and reduces total cost of ownership by effectively leveraging IT infrastructure. FAST's solutions are used by more than 2,600 global customers and partners, including America Online (AOL), Cardinal Health, CareerBuilder.com, Chordiant, CIGNA, CNET, Computer Associates, Dell, EMC Documentum, Factiva, Fidelity Investments, Findexa, IBM, Knight Ridder, LexisNexis, Merrill Lynch, Rakuten, Reed Elsevier, Reuters, Sensis, Stellent, Tenet Healthcare, Thomas Industrial Networks, T-Online, US Army, Virgilio (Telecom Italia) and Vodafone.

FAST is headquartered in Norway and is publicly traded under the ticker symbol 'FAST' on the Oslo Stock Exchange. The FAST Group operates globally with presence in Europe, the United States, Asia Pacific, Australia, South America, and the Middle East and Africa. For further information about FAST, please visit www.fastsearch.com.

(C) 2006 Fast Search & Transfer ASA - Fast Search & Transfer, FAST, FAST ESP, Contextual Insight and the FAST logo are trademarks of Fast Search & Transfer ASA. All rights reserved.
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